Quarterly report pursuant to Section 13 or 15(d)

8. Stock Options and warrants (Tables)

v2.4.1.9
8. Stock Options and warrants (Tables)
3 Months Ended
Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]  
Stock options outstanding
    Options     Weighted Avg.
Exercise Price
 
December 31, 2014     21,052,030     $ 0.30  
Granted     738,522       0.48  
Exercised            
Forfeited     (29,070 )     0.91  
September 30, 2014     21,761,512     $ 0.30  
Options outstanding by Per Share Price
    Outstanding Options   Exercisable Options
Option
Exercise Price
Per Share
  Shares     Life
(Years)
  Weighted
Average Exercise
Price
  Shares     Weighted
Average Exercise
Price
$ 0.21 - $ 0.99     21,498,283     6.0   $0.29     19,414,021     $0.28
$ 1.00 - $ 1.99     263,229     5.0   $1.22     263,229     $1.22
      21,761,512     6.0   $0.30     19,677,250     $0.29
Warrants outstanding
    Warrants     Weighted Avg.
Exercise Price
 
December 31, 2014     5,692,087     $ 0.36  
Granted            
Exercised     (200,000 )     0.25  
Cancelled     (100,000 )     0.25  
Outstanding, March 31, 2015     5,392,087     $ 0.36  
Warrants outstanding by Per Share Price
    Outstanding Warrants   Exercisable Warrants
Warrant
Exercise Price Per Share
    Shares     Life
(Years)
  Weighted
Average Exercise
Price
    Shares     Weighted
Average Exercise
Price
$ 0.25 - $ 0.99     5,272,087     2.8   $0.35     4,927,087     $0.34
$ 1.00 - $ 1.99     120,000     0.8   $1.01     120,000     $1.01
      5,392,087     2.8   $0.36     5,047,087     $0.36